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Search Results 0 to 49 of about 93 (some duplicates have been removed)
think it's been a very tough spot for the world economy. and it's not that comfortable but i think you did see the first year dramatic decline and then since that first year, 15 months you've seen some pretty substantial recovery that still has a long way to go before people are going to feel like we're fully recovered. >> austan, let me jump in there. we do still have a long way to go. a couple of charts that a supporter of governor romney would hope people would focus on. first labor force participation rate. it rose slightly to 63.8%. look at this number. back to 1981. let me give you another one. second, the so-called underemployment rate now stands at 14.6%. hey, that's a little bit better. but you know what? this is still a number that a lot of people say is the real feel unemployment rate. >> you're getting -- let's not get a little confused. if you take that real unemployment rate, that's down substantially more over the last three years than the observed regular unemployment rate is down. so you don't want to compare two different numbers. you should take any series and look a
's had since we've been in technical recovery, the economy grew 20%. obama has grown 7%. a third the strength of reagan's. job creation much higher under reagan. what did reagan do? all the things that romney and ryan are talking about. lower marginal tax rates. obama wants to raise them. less spending. obama added $5 trillion of debt. we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elim
, this means jobs and the economy is an issue that is certainly front and center ended is the number-one issue, but it may not bring home as much as other issues -- ring home. host: what are the swing areas of that states that have historically provided the winner with the electoral votes? guest: by now we are seeing that the candidates are coming into -- particularly the president's campaign has been coming into the sea coast, rockingham county area, cities like rochester are certainly areas that are indicative of what may happen in this election. but the other location candidates are coming into is the city of nashua, the second- largest city in the state. we are seeing the president was there a few days ago last saturday. it seems to be a place that is being fought over. it's along the massachusetts border. massachusetts is the stated that governor romney led. so it is a very interesting area. many of the people from nashua work in massachusetts. host: who are the voters in this area? guest: new hampshire has traditionally libertarian streak. our motto is live free or die. it is a tossup lo
's going to be dominated by the economy. it can tip the scales. we have seen an argument from the president that is about trust. this is how he lays it out against governor romney. >> there's no more serious issue in a presidential campaign than trust. trust matters. you know, you want to know that the person who is applying to be your president and commander and chief is trustworthy. that he means what he says. that he's not just making stuff up depending on whether it's convenient or not. >> how is he using that argument to advance that cause? you cannot trust what you are going to get to lead to economic recovery? >> i think the president is -- as the race gets narrower and narrower, we focus on smaller and smaller places and voters. it's a very resonant argument. we are talking the economy in the midwest, in ohio. on the integrity issue, the trust issue, romney went to defiance, ohio and told a group of 11,000 people jeep is about to move all of their production overseas. i read that somewhere. not at all true. it's okay to make a flub, but not to correct it. they asked are you sure he
the economy grew at a 2% annual rate in the third quarter. that's better than expected, and up from 1.3% in the second quarter. where's the economy cooking? we asked anthony mason to show us. >> reporter: from its storefront in plainfield, new jersey, e & a restaurant supply ships out everything from stoves to plates and silverware. owner joel green says restaurants are opening again and that's been good for business. >> things definitely have picked up but it's been fairly strong all the way since april up until this point. >> reporter: green says the uncertainty surrounding the election is making business owners more cautious, but he likes the direction his business is headed. >> if it keeps rolling the way it is, i see it being strong. >> reporter: the 2% growth in the economy nationally in the third quarter was fueled in part by consumer spending, which rose 2%, and by a housing market that's showing increasing signs of life. but a 13% jump in defense spending by the government played the biggest role. without that increase, the economy's growth rate would have been only 1.4%. thi
bigger investment. that's what we need to lift the economy is that investment, and the fact it's declining? wow, that's really a bad sign. neil: scott, a better future indicator? what so many ceos are saying i'm preparing for the worst just in case. suspect that a more telling future? >> yeah, look at consumer spending numbers. the positive note is it increased, but guess what? it's down from the first quarter and down from last year so you're right, the businesses look at the dollars from the wallets saying, hey, they are not flying out of there. if you look the the investment numbers, convicting to gdp last year and the year prior, which, by the way, gdp, 1.7%, below the trend this year, 3% in 2010. the economy's deaccelerating. neil: adam, do you think of that? >> well, things could be better. fact of the matter is the economy is growing. it's not growing as much as we'd like it to grow, but it is growing. >> not as fast as before. >> the housing sector's recovering, key, it should recover. it's been down for so long, and the financial system is sound, you know, balance shee
the economy around saying the president has failed to meet the challenge fay can the united states. >> the difference between us, he makes promises and he couldn't keep. i'm making promises i have kept and i will keep them for the american people. [ cheers and applause ] >> reporter: president obama meantime, continuing down the path you can't trust governor romney. that he is misleading american people, imploring to give him another four years to get the economy on track. now is not the time to be changing horses. >> after four years of president you know me. you may not agree with every decision i have made. maybe you are frustrated about the pace of change but you know what i believe. you know where i stand. you know i tell the truth and you know i'll fight for you your families every single day. >> reporter: part of what the president said feeds into the narrative that governor romney is creating here. that he is a nice guy and means well but he doesn't put a take to get things done. something that happened yesterday, in springfield, ohio when president obama said thiskr romney
, so it's not been a great improvement in the economy. we've had a very -- >>ity an indicator of which way the economy is -- is it an indicator of which way the economy is going? >> it has not healed enough, when you take into fact we spent $4.5 trillion in deficit recovery,. >> and an improvement ratio? >> not improving. >> not on that path. >> it's not on that path. >> is it an aberration? >> bureau of labor stats on this. have you requested them? >> yes, they don't tell you a lot of things. like the labor force participation rate. which has dropped toyorelatively low numbers, which makes the unemployment numbers lo better. >> in hindsight, when he critizes the last month's report. >> last month in crthe last month's report, the only reason that number got better was 582 people thousand left e the calculation, and went to work on a part-time basis, so the part-time jobs got better, bu we did not, they took these people out of ofthe denominator. >> those numbers are not that -- >> nay says finish? >> we're being accurate. >> i would say that's the nay-ers. if you look at the economy,
to the city's economy added $370 million for runners and race fans. but proceeding to new york city boroughs sunday when many of them have been declared disaster areas, homes destroyed, boardwalks missing, residents without food, power or water was a repulsive idea to some. >> no one else has been here. i have not heard from fema, the coast guard, no one. it is startling. >> very angry and fed up. what are we, is this america? i don't know. i don't know. i don't like it. we are going downhill. >> i came here four or five years ago, expected we came here for a better life, opportunity, and this is what we come from. this is ridiculous. not how it is supposed to be. gerri: it wasn't just residents. take a look at the front page of "the new york post." an abuse of power, there were two generators being used for the marathon to power the media tent. a third backup generator that wasn't being used. for more on this, joined by adam shapiro in staten island where he has been reporting all day long, and editor-in-chief of runner's world which follows all of this. i will start with you, what has been
're in an economy that's built to list. >> an economy that's built to last, built to last. john: oh, come on, that makes them sound phony, and romney does it too. still, rohit bhargava says the repetition is smart. he approaches this from a busiss angle being a marketing consultant and author of "likeonomicss," and managing editor of the reason hag, -- magazine, and you agree with me thhs is repetitious. >> they can either say the same thing every single day into eternity or mix it up, say what they think, at which point they are accused of having made a gaffe. john: because no human being can mix it up and not say something that keeps him from being legislated? >> you know, you spend time in the public eye. you know how hard it is to say exactly what you mean every single time. michael has a great line that a gaffe is a politician accidently telling the truth. i think that's, you know, that's something we can all relate to. john: rohit, you say the repetition works, what seems to me stupid because i'm paying attention. the people are no paying that much attention. >> it's in business all th
had and the clinton administration, those upper income earners were doing well and the entire economy was growing. we are going to have to make some tough choices. a balanced approach is the only approach that i believe will get us there. >> heather, your rebuttal. >> it is amazing to me, congressman, that you can stand here having voted for trillion dollar deficits for the last four years. the largest, fastest debt increase in american history and say that we have to control spending. you have done nothing to control spending of the last four years, and with respect to cuts, cap, and balance it is amazing to me also that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and prioritize things like social security, medicare, and education, and that is why i support a balanced budget amendment to the constitution. >> the race to succeed retiring new mexico senator is just one of the key house, said, and governors r
days has suggested the economy has more momentum going into november than we thought before. however, when we see the pictures of sandy go from essentially heartbreaking disaster to now sort of more nerve-racking social unrest, when we hear some of the stories out there, i don't think those are the kind of pictures that cause people to take long positions in stocks. i think it's a wait-and-see position. wait and see how much sandy has an effect on the economy before you can take a positive position represented by the numbers here. >> all right. so there's a lot of noise in all of this. you've got sandy. you've got the election uncertainty. you've got uncertainty about the broad economy. i can't imagine, ron that, this 100-point selloff in the dow industrials is because people want more economic stimulus and more qe. disappointment over maybe the jobs numbers show the economy is not in need enough of more qe. we've had so much stimulus out there. >> yeah, i think anybody who's been trained on what the fed has to say knows that one month, particularly 170,000 jobs, is not going to chan
it's going to have a big impact on the economy and the economy is improving, the administration says, in the final reports before the election, a surprising better than 170,000 jobs added to the economy. unemployment rate at 7.9%. back with us is jack welch who might quibble with that rate in and about the last time, but still don't necessarily buy these numbers. >> neil, look, the real unemployment rate, if you take the last ten years prior to the 2009 recession, the 10-year average of let's call it the participation rate, how many people are working temporarily, full-time, and you take that number and take the ten year average and ran it now, work for us, you would have an unemployment rate close to 11% and that's what the real unemployment rate that people are feeling out there, not discouraged workers walked away all that stuff, but that's the real rate. now, this number of 7.8, that popped in the other day just didn't make any sense, i mean, you had a number that suddenly had more people added since ronald reagan's biggest month in june of '83 in september. that didn't-- >> so,
and deter waste, fraud, and abuse, and improve the economy and efficiency of the agency. but our role was also to promote transparency and what the agency did, because i believe very strong and we believe are strongly that it was important for the citizens in the at the government was doing. that's the point in the law enforcement context, but in the intelligence area as well. we did reduce intelligence matters ranging from review of the robert hanssen case at the fbi, why wasn't the robert hanssen could be a spy and fbi missed for several decades, when it initially came out, the fbi said it was because of his wily tradecraft picking out to exploit the system and we are asked to look at it determined that that was not true. that they had lax internal security methods and that he it needed improvement. not only did we do that report but we also made public the findings of the report. a lot of people said how can you do that? this is a very sensitive area. it's top secret area, we push very hard to make an executive summary of the conclusions of that report now because we believe strong
development and the jobs numbers can play into that. people are saying they feel good about the economy even though they don't trust the president. >> i see these job numbers as basically being status quo. they can affect things in a big way. the decimal point kicked up one point but the actual job number was a little higher than forecasted. mitt romney has won the economy, not by a huge margin. generally, that's a good thing for a challenger. he's won the issue of bipartisan. i think president obama's trying to close some of that ground. but people will say that the ability to capture the center is important to them. they seem to be tilting a little bit in mitt romney's favor. those are good fundamentals. they don't make up, in my mind, as best we can tell for the very formidable electoral college math that is working much more in president obama's favor. gwen: what do you think about that, jackie? >> i agree. we could be looking at, we're all sort of talking and gaming an electoral college victory for the president who loses the popular vote. does anybody really think that's going to happe
as coming in with the latest report. so it does suggest this economy is gaining steam and that has lifted the president just a few points but that makes all the difference in this cycle. >> perry, your latest article is titled i want to be able to say this on tv, it's the obama care, stupid. why election 2012 is about health care, not the economy. but explain to me what you mean. >> what i mean is we've talked a lot about the economy. bill clinton has, president obama has, mitt romney has in reality the president has very limited control over how the economy works and whether jobs are created or not. this is something out of the president's control. mitt romney says he'll create 12 million jobs. but a lot of analysts say 12 million jobs are created whether it's mitt romney, president obama or alex witt as the president. not clear the president has that much power over the economy. on health care the president has a lot of power in terms of what he can do. mitt romney wants to repeal health care which will be a big change. president obama wants to implement the health care bill which reall
,000, to get an economy moving. so my kids can have a job when they graduate. that's what the voters can count on but i'm not going to sport nancy pelosi like you do in her job telling policy. i will not do it. i will be 100% voting for the future of this country. the american dream and getting our budget balanced in the next eight to 10 years. that's what the voters can count on. >> let's move onto the next question. in a a "wall street journal" article you described your opponent, the congresswoman, as an effective retail politician. at the same time the chronicle editorial board we solicit you have a have a hard time compromising the you are to be elected to congress why should voters believe that if you are elected you could work with both parties and get things done? collins: it's obvious the voters certainly in the buffalo area know me as account executive the transfer of a bankrupt account into one that is pretty much the strongest recognize the strongest in the state today. i did that to compromise the that's what life is on the. we compromise with her family and certainly with my teen
moments. here's what have been don wall street. gdp expanded at 4% but new the economy is growing as some feared. of the edo squeezes out modest gai trading on the big board. 3.3 billion in line with recent activity. the dow is down and the nasdaq just over half a percent. gasoline futures moving higher with supply disruptions on the east coast worried about hurricane sandy. the 10 year note is coming back with a sense things are slowly improving. consumer confidence shows rising at to a five-year high. some expected more than that. more bad news with the president green energy agenda. despite -- inspector general slamming the green jobs training program and that the independent report. more than half of the 81,000 who participated and completed the training, already had jobs. correct. more than half the bowing to the training already had jobs. those who were desperate for work only 38% actually got a job and them spending 530,000 to achieve those results. the president now has his eye on executive pay rules. the next expansion of government. not a modest proposal that the stability of ma
campaign wants to talk about the economy. ern talks about the denver debate as being this transcendent moment. in effect, this was the moment moderate mitt sort of debuted in the campaign. and i think that was a very resonant point to a lot of undecide women. >> people don't vote nationally on the basis of what two candidates say in two medium-sized debates. >> here's the way i think it mates out politically. first of all, there's the base. the president wants to talk aboutars bothers because he wants to tell democrats there are real things in stakes in this election. with swing voters-- and i talked to a lot of them-- when you talk to women, they think romney has the answer on the economy. and the worry here for the obama administration is married women. they are less dependent on the government, and less likely to buy the president's argument. so they're the group want obama campaign is really worried about. when i talk to the married women, on the one hand they say they think romney can handle the economy and they're worried about the republicans being too extreme and go back and fo
america that has a 21st century economy running on a 21st century foundation. >> schieffer: what happened to the women's vote? the prfs the way ahead. that seems to be closing. are you going to be able to get that back? >> i'm here in ohio. i just checked the early vote. the president is up almost two to one over mitt romney. and that's an indication that the field operation, the communication strategy, and the message of a resurgence of strengthening middle class is essential. and also the choice that women have to face on a host of issues from economic to health care issues that i think the president's message is right for them. if you look at the early votes in iowa, ohio, florida, the president's campaign is actually-- an investment that he made in the "get out of vote" effort identifying their voters is starting to pay off because they're beating all their numbers from '08. >> schieffer: we have to stop you there. the clock ran out. back with personal thoughts nay second. >> thanks, bob. born with. something you'r and inspires the things you choose to do. you do what you do... becaus
, because month to month jobs reports, it is a important milestone by which we can gauge whether the economy is improving. and then, you know, judge the president, what the president is doing. i want you to take a look back to the worst of this recession, guys. this is october of 2009. look at this, the unemployment rate was above 10%. and in this month, 7.9%. you've been traveling to the swing states as i have, what are you hearing, are people feeling better off? today's numbers help any of the candidates? >> well, i tell you, don, we have been on the battleground bus state tour from florida to ohio. people understand the economy is improving. but the real debate is whether it is fast enough and whether mitt romney could have done a better job. in toledo, ohio, today, one of the battle ground counties of ohio, the must win buckeye state, i spoke to mayor bell, he put it out that january 2009, unemployment here was 12.6% in this county. today it is around 7.5, lower than the national average. that is a measurable improvement. that doesn't mean the economy is going on all cylinders right now.
will be to restore the american economy so people can purr shoe their dreams as they see fit by limited government and build capacity so people don't have to get in line and be dependent upon government. no one wants to do that. we want a society where the next generation has more opportunities than what we have. and the american dream is what this election is about. are we going to reverse the track we're on which is a false sense of economic security where we get in line and have the government solve our problems for us? as if that's ever worked in american history. or are we going to restore american greatness the way we know it works best to create jobs in a strategic way with a guy as president that will work to build solutions rather than just talking about things? i was governor of this state for eight years and i had to work with a lot of democrats but i had to work with a lot of republicans as well because they were in the majority the whole time. imagine what it would be like to be a governor of a state where 85% of the legislature was in a different party. it would require leadership th
before america votes, we are about to get the last pre-election numbers on jobs in our economy. >> i got nothing left. memories or anything else. everything is ruined. ruined. >> survivors of hurricane sandy still waiting for help. they are worrying about the future. good morning to you. welcome to "early start." >> it is 5:00 a.m. in the east. we are going begin with a sprint to the finish line. the last major hurdle in the way. the october jobs report will be released in three and a half hours. both the obama and romney campaign hope the numbers will help them in the race. it's too close to call right now. christine romans is going to have a look at it. christine? >> let's talk about what we are expecting in the final economic report before tuesday. in three and a half hours, we'll find out what happens for jobs and the unemployment rate. the expectation is the unemployment rate is 7.9%, picking up slightly with 125,000 jobs added in the month. the trend, though, is what is so important here, right? sometimes you get a little in the month. the trend is what's important. 7.8% was the un
, and the minute that the story started, in "the new york times" and the "washington post" that iran and economy is indeed in great trouble, the goal posts tend to shift a little bit. matters no longer by getting them back to the table are getting a deal, but now more and more open question marks were raised about can this actually lead to regime change, cannot have it for a couple more months to see what else we can get. as that happens, the interest of the suffering party then decreases to engage indigo should as well because the negotiations can become a negotiation for the terms -- and instead they tend to define their search for the next game changer. something that will once again be able to turn the table and find an exit way from the very situation there and what now but look what happened after the talks collapsed in 2010 and 2009 if the iranians started and enrichment at the 20 some of the there were question marks, significant question marks whether the iranians were succeeding in doing this but they managed to do it. the western imposes sanctions on iran hoping that would change the
it up in one word. it's the economy. filipino republicans or maybe filipinos who have been democrats in the past or have not supported the gop are taking a second look because they have been hurt in the four years. but filipino democrats are also arguing, it's intergenerational. >> belva: let's talk about another group. jobs for african-americans, particularly males, poverty rate going up. nothing from those groups in terms of complaints? >> the unemployment numbers of african-american groups definitely being reported about widely, highest since the great depression. what our african-american media monitor base in washington, d.c. was able to glean from newspapers like "the washington afro," the range of black media, you can see from the endorsements, you can see from the kind of reporting they're doing, there is more of an openness in the african-american community to recognize that president obama inherited two wars and a crumbling economy and that they are willing -- they recognize that four years was not enough of a timetable and they are lwilling to let him attempt to turn it ar
comments. basically the president's ideas on how to deal with an economy are an empty binder, if you will. we have brought forward item after item and suggestion after suggestion and bill after bill. we've passed bipartisan legislation in the house, and the senate won't take it up. what we need to do is make certain that we extend the bush tax cuts. we also want to go about closing some of the loopholes and primarily we have to cut federal spending. federal spending is completely out of control and making some cuts into this baseline so that you're actually reducing what the federal government spends is imperative. this president has put more debt on the backs of future generations and on the american people than any other president in history. and we have to get the spending under control. i talk to women every day that say they have 16 trillion reasons to go to the poll and vote against this president because they are so fed up with this out of control spending. >> congresswoman, mash sha blackburn. good to see you. >> good to see you. thank you. >> dave, let me bring you back in. it's
economies combined come if you follow the money, which you are taught to do in business, the path leads you. third, focus on a domestic capability rather than safely delivering a sale. in the case of this, the value proposition was not about selling the best locomotive. it was all about helping saudi arabia develop its domestic rail infrastructure and matured through training and education and managing that rail system through the creation of a career in transportation. think about growing saudi arabia and talent and not hiring saudi arabians. many are aggressive in seeking out saudi arabian students for some programs. now, as they graduate, we will bring them on for training within the company. with the intent of starting them out in entry-level managers and engineers in the kingdom. they are starting a career. not just being hired on for a job. they did all this. they beat the competition. they won. other american companies are making a significant impact. not just on their businesses, but also on the future of saudi arabia. exxon mobil has a long tradition in the kingdom. among their suc
of water, the economy has to keep going, and there is potentially, meacham, some sort of symbolism as well. they're grappling with that in other towns and communities up and down the east coast are probably dealing with similar types of decisions as they try and move on. >> it's phenomenally complicated. >> really complicated. >> at what point do you show you're strong, restill yebzisil. >> no better way. >> the debate about what should be done after the attacks 11 years ago. it was the same kind of tension. and i'm not sure what i would do. i'm glad it wasn't my decision. i understand folks who feel this way. >> the marathon is an extraordinary amount of resources. and i think they really need to make sure, particularly staten island, they're doing everything they can for those people before they have this big display over the weekend of law enforcement and all sorts of resources to put this thing on. >> if there was a symbolic action, there's a huge amount of corporate money that goes into the sponsorship of the marathon. if they were to cancel the marathon and all the corporations that
chic. they're this season's must-h♪ve accessory. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...but you still have to go to the gym. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> the cleanup effort underway along the jersey shore caused by sandy is now just being reveal
Search Results 0 to 49 of about 93 (some duplicates have been removed)

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